Equity research / an oil giant in a changing energy sector - can Exxon Mobil get on the right track?

• Autor(a) principal: Krizsa, Ferenc
• Data de Publicação: 2021
• Tipo de documento: Dissertação
• Idioma: eng
• Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
• Texto Completo: http://hdl.handle.net/10362/138505
• topic: Valuation; Finance; Energy transition; Oil & gas industry; Exxon mobil; Domínio/Área Científica::Ciências Sociais::Economia e Gestão

Exxon Mobil is one of the largest companies in the world, but it is currently facing an existential risk. As the world continues to move towards greener energy sources, the company could soon find itself in a market where demand for its products is drastically diminishing. A growing number of investors and coalitions have drawn the company's attention to this phenomenon. However, the oil giant has so far refused to take decisive steps towards a cleaner future, as it intends to proceed with its initial strategy, where the focus is first and foremost on increasing production. In our research, we look at the implications of different future scenarios and how they affect the value of the company.